Bill Status of HB3959  103rd General Assembly

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Short Description:  IFA BOND PROVISIONS

House Sponsors
Rep. Mark L. Walker

Last Action

Date	Chamber	Action
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance

20 ILCS 3501/845-7 new

Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the Authority is prohibited from requiring an organization or company that receives funding from the Authority to procure a bond. Provides that all bond provisions in existing contracts between the Authority and an organization or company are unenforceable.

Actions 

Date	Chamber	Action
2/17/2023	House	Filed with the Clerk by Rep. Mark L. Walker
2/17/2023	House	First Reading
2/17/2023	House	Referred to Rules Committee
2/28/2023	House	Assigned to State Government Administration Committee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee